All posts tagged "RBI"
-
48BUSINESSCPI Inflation in June Rises To 4-Month High of 5.08%, IIP Growth Jumps To 5.9%
Retail Inflation in June 2024: India’s CPI inflation in June 2024 stood at 5.08 per cent; IIP growth rose to 5.9 per...
-
80BUSINESSJio Financial Services gets RBI nod to become core investment company
Jio Financial Services submitted an application to the RBI in November 2023 to convert its status from an NBFC to a Core...
-
62BUSINESSRBI Allows Residents To Open Forex Accounts in GIFT City: Key Benefits Explained
Indians are allowed to remit up to $250,000 overseas each year for education and medical expenditure as well as certain kinds of...
-
115MUST KNOWRBI Raises Alarm Over Misuse Of Internal Accounts In Banks, Orders Closure
The RBI inspection further revealed that some banks opened lakhs of internal accounts with no valid reason. Read More: PNB introduces Safety...
-
55NEWSRBI Cancels Registration Certificates Of Star Finserv, Polytex For Irregular Lending Practices
Hyderabad-based Star Finserv India was offering the service under ‘Progcap’ (owned and operated by Desiderata Impact Ventures Private Limited). Polytex India, headquartered...
-
69MUST KNOWCIBIL Score: RBI’s Top 5 Rules Every Borrower Should Understand
RBI has recently updated its rules for bank and credit institutions related to CIBIL scores, are important for the borrowers. After several...
-
54FINANCEBudget 2024: Nirmala Sitharaman To Present Union Budget On July 23— Details Here
After presenting an interim budget before the Lok Sabha elections, Finance Minister Nirmala Sitharaman will now unveil the full budget for 2024-25....
-
217FINANCE
RBI Penalizes Five Banks, Including PNB, For Regulatory Non-Compliance In First Week Of July
The Statutory Inspection for Supervisory Evaluation (ISE 2022) of the bank was conducted by RBI with reference to its financial position as...
-
71FINANCEForex Update: India’s Foreign Exchange Reserves Fall $1.71 Billion to $652 Billion
India’s gold reserves see a reduction of $427 million during the week ended June 28 India’s foreign exchange reserves declined by $1.713...
-
64NEWSRBI imposes Rs 1.32 crore on Punjab National Bank for rule violations
The Reserve Bank of India (RBI) on July 5 said it has imposed Rs 1.32 crore monetary penalty on Punjab National Bank...
